Justin Blacklock, Averbach’s Mortgage Manager was interviewed by the Canadian press the other day.  Yesterday the interview appeared on CTVglobemedia in an article titled: Canadians refinancing mortgages to pay off debts.

We’ve been getting a lot of calls from people interested in refinancing their mortgages. With the current low interest rates it can make financial sense to pay the 3 month penalty and remortgage.

However, it is important to note that there are other factors involved that may make it difficult for some people to re-qualify or where the numbers are too marginal to make refinancing worth the effort.

If YOU are interested in finding out whether refinancing is a good option for you, be sure to call Justin at 604-736-1855.

Read Canadians refinancing mortgages to pay off debts

This entry was posted on Friday, January 30th, 2009 at 1:54 pm and is filed under Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.